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Data (1) (Data Protection Act
Personal data must: (be processed fairly…
Data (1)
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Big data
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Data can be analysed very quickly, e.g. in real time
Data governance
The overall management of the availability, usability, integrity and security of data employed in an organisation.
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Sensitive personal data
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Can be processed, for example, if:
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Algorithmic trading
This is a form of automated trading that involves buying or selling financial securities electronically to capitalise on price discrepancies for the same stock or asset in different markets.
Key risks
errors in the algorithm or data used to parameterise the model, leading to losses
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in very turbulent conditions, trading in individual stocks or markets may be suspended before algorithmic trade can be completed.
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Personal data
Information that relates to an individual which would allow that individual to be identified, or where the data combined with other information could allow the individual to be identified.